A group including New York property investor Sharif El-Gamal agreed to buy the Manhattan building that houses the fashion program at the Parsons art and design school, home to television’s “Project Runway.”El-Gamal’s Soho Properties LLC, developer of the controversial Islamic center north of lower Manhattan’s World Trade Center site, joined with Norman Sturner’s Murray Hill Properties in a deal to buy 560 Seventh Ave., the company said in an e-mailed statement. Parsons, part of the New School, said earlier this year that it would sell the building and move the fashion program to its Greenwich Village campus....

Retail buildings in the Times Square area fetch about $1,600 a square foot, compared with $677 in 2009, according to Real Capital Analytics Inc., a New York-based real estate research firm. Hotels are valued at about $700,000 a room, well above their 2006 peak of $546,000, Ben Carlos Thypin, Real Capital’s director of market analysis, said in an e-mail.

Ben Carlos Thypin

I am currently the co-founder of Quantierra, the world's first data driven real estate brokerage and investment manager. In my former life as Director of Market Analysis at Real Capital Analytics, I worked with press outlets large and small to provide them with great data and insightful commentary. Here are some of the results of this collaboration. For the rest, please check out the News Archive.